605 Hendricks AveSaint MarysOH45885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saint Marys at 605 Hendricks Ave, Saint Marys, OH, 45885 priced at $130,000 converts $1,026/mo rent into $171/mo cash flow after a $636/mo obligation. Total monthly income equals $1,026/mo, and annual cash flow totals $2,054/yr on $43,095 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.47% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 129.01% and total cumulative return in cash sums $55,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,026/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1900
4,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45885, Saint Marys, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,893 (100%) |
| Owner Occupied HU | 3,816 (64.8%) |
| Renter Occupied HU | 1,574 (26.7%) |
| Vacant Housing Units | 503 ( 8.5%) |
| Median Home Value | $189,076 |
| Average Home Value | $220,131 |
Housing Distribution
Address Breakdown
Residential
5,576
Single Family
5,477
Multi-Family
99
Businesses
382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Autumn Muchow • Binkley Real Estate- Wapakoneta
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307148
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.